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Google encourages European start-ups with fund of 73 million euros

Google has set up a fund for financial incentives for European entrepreneurs. Initially, the company 100 million dollars, converted 73 million put aside to give. Tech startups in Europe a boost

Google hosts the European arm of Google Ventures in London. “We want to invest in the best ideas of entrepreneurs and help them to actualize those ideas,” mentions Google doing the investment fund. As examples of successful European start-ups Google SoundCloud, called Spotify and Supercell.

Google founded Ventures in 2009. According to Google, the fund stands out not only to support financially but also to offer in terms of development, design, marketing and product management help. Google not only encourages the European tech industry. The European Commission supports the technology financially with numerous investment projects. Recently, the EU adopted the European electronics industry another 5 billion euros in the prospect .